Digital asset manager Grayscale continues to amass more and more Bitcoins as the Grayscale Bitcoin Trust (GBTC) clocks over $10 billion of assets under management (AUM). In the latest update, Grayscale notified that the total assets under management have also moved past $12 billion meaning the GBTC contributes a whopping 83% of its total value.
In a major development, the United States Securities and Exchange Commission (SEC) has given its approval for the Grayscale Ethereum Trust (ETHE) as the first public quoted ETH investment product in the country. Thus, shares of the Grayscale Ethereum Trust shall be quoted on the top OTC marketplace OTCQX, under the ticker symbol ETHE. We're
While the crypto community is watching every Bitcoin (BTC) move with a hawks-eye, Litecoin (LTC) – the world’s seventh-largest cryptocurrency makes a smart move. At press time, Litecoin (LTC) is 7.77% up trading at $67.39 with a market cap of $4.4 billion. The LTC price surge comes at a time when the overall crypto market
After Grayscale Bitcoin Trust became an SEC reporting company back in January, the Grayscale Ethereum Trust followed the footsteps of the Bitcoin Trust and filed to become an SEC reporting company. The United States Securities and Exchange Commission [SEC] has been an essential part of the crypto ecosystem. Even though the crypto industry upholds decentralization